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Coin Market Cap showing how shady they really are: they've decided to take a strong-arm approach against those who dare to stand up for accurate data representation.

nitter.net /ergo_platform/status/1720821527363338449

cross-posted from: https://infosec.pub/post/4512931

https://nitter.net/ergo_platform/status/1720491727914463662

Again, your inconsistencies with implementations and practice are hurting your data accuracy, period...and from the outcry of others on our previous post, it's clear it is widespread.

Take @ethereum and @PancakeSwap in the below chart, blue line is market cap. Their 1:1 chain migrations had minimal effect. Now, look at #Ergo in the beginning, clearly #CMC's method of data display here is showing something that is not.

Read about Ergo's early days here and EFYT: docs.ergoplatform.com/mining…

CMC argues that it was a 1:1 swap, however...the total supply was drastically different, and they are ignoring that.

Total Supply EFYT: 1,970,945 Erg: 97,739,924 The ratio here is almost 50:1

To anyone interested in accurate data, the chart should look similar to the blue market cap line in the picture below for Ergo.

  • @coingecko's solution was to start from mainnet.

Solution: Fix the chart according to total supply ratio, or, start from mainnet and link to the EFYT chart in a note above the current chart.

Inaccurate data can have a massive effect on adoption and their "first look" of a project as well as devs and businesses looking to purchase CMC's data feeds. Let's get it fixed!

https://nitter.net/ergo_platform/status/1720821527363338449?s=46&t=unlmaZgiDE_T6t5A5mx21Q

You’ve now made a statement to other projects who want accurate data on #CMC: “Don’t question us, or we will make it worse”. Your updated note on our chart is a clear sign you prefer “don’t you dare correct us” rather than have data that is represented with accuracy.

Your lack of understanding of total supply in relation to a 1:1 migration is downright worrisome.

Please reflect our data properly. To clear up twisting our words for their benefit and their unprofessionalism, here is the full support chain: checkvist.com/p/dxdsOg9cQr7f…

#cryptocurrency, @IOHK_Charles , @RichardMcCrackn , @cardano_whale , @SpectrumLabs_ , @nonkyc_exchange , @RosenBridge_erg we need your help to fight the bully. Please help us find a louder voice so that #CMC knows they can’t push around projects, even demanding money, as they see fit.

Previous suggestion: vxtwitter.com/ergo_platform/…

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